| Saudi Aramco
From Wikipedia, the free encyclopedia
Saudi Arabian Oil Company
Type
Government-owned corporation of the Kingdom of Saudi Arabia
Founded
1933
Headquarters

Dhahran, Saudi Arabia
Key people
Abdullah S. Jum'ah:
President, CEO
Ali I. Al-Naimi:
Minister of Petroleum
Industry
Oil & Gas
Products
Hydrocarbons: crude oil, natural gas, and petroleum products.
Oilfield services: oil exploring, producing, manufacturing, marketing, and shipping
Revenue
Undisclosed to public
Employees
51,356 (2006) [1]
Website
www.saudiaramco.com
Saudi Aramco, the state-owned national oil company of Saudi Arabia, is the largest oil corporation in the world and the world's largest in terms of proven crude oil reserves and production [2]. Headquartered in Dhahran, Saudi Arabia, Saudi Aramco also operates the world's largest single hydrocarbon network, the Master Gas System. It was formerly known as just Aramco between the years of 1933-1988, an acronym for Arabian American Oil Company.
As of end 2006, its yearly production of only crude oil neared 3.4 billion barrels (540,000,000 m?) and it managed over 100 oil and gas fields in Saudi Arabia alone totaling at least 264 billion barrels (42,000,000,000 m?) of oil reserves and 253 quadrillion scf of gas reserves[3][4].
Among those fields fully owned by the company are the Ghawar Field, the world's largest field overall; the Safaniya Field, also the world's largest offshore; and the Shaybah Field, one of the world's largest of its kind[5].
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